Firstrade vs Ginmon - BrokerCue
BrokerCue

Select your country to see eligible brokers

Account eligibility and broker availability depend on your country of residence. Setting this now allows us to hide brokers that do not accept clients from your country.

Broker Comparison

Firstrade vs Ginmon

Compare Firstrade and Ginmon side by side: fees, regulation, platforms.

Firstrade

Firstrade

Cost-conscious US stock, ETF and options traders

Firstrade is a US online broker with $0 online trades for stocks, ETFs, options and mutual funds, plus mobile…

VS
Ginmon

Ginmon

Passive ETF investors in Germany

Ginmon is a German robo advisor that builds and manages automated ETF portfolios using factor-investing princ…

Head-to-head comparison

Firstrade vs Ginmon
Feature Firstrade Ginmon
Minimum deposit $0 -
Stock trading fee $0 commission -
Regulators FINRA BaFin, Deutsche Bundesbank
Best for Cost-conscious US stock, ETF and options traders Passive ETF investors in Germany
Markets & account
Stocks
-
ETFs
Bonds
Options
-
Funds
-
Margin
-
Investment Plans
Ready Made Portfolios
-
Business Account
-
Savings Vaults
-

Pros & cons

Firstrade

Firstrade

Pros

  • $0 online trades for stocks, ETFs, options and mutual funds
  • $0 options contract, exercise and assignment fees
  • No deposit minimum and no inactivity fees
  • Overnight trading from 8 PM to 4 AM ET on 1,200+ securities
  • Options Wizard includes 40+ strategies and P&L simulations
  • ACATS transfer fee rebate up to $250 on qualifying transfers
  • Excess protection can raise coverage to $37.5 million per customer

Cons

  • Broker-assisted stock and ETF trades cost $19.95
  • Broker-assisted options cost $19.95+$0.50/contract
  • Mutual fund shares sold within 90 days can cost $19.95
  • Redemptions below $500 can incur a $19.95 fee
  • Primary Market CDs cost $30
  • Overnight trades must use limit orders only
  • ACH transfers require a U.S. financial institution
Ginmon

Ginmon

Pros

  • All-inclusive fee of 0.75% p.a. covers custody and transactions
  • No deposit, withdrawal, or performance fees
  • BaFin and Deutsche Bundesbank regulated
  • Proprietary Apeiron active risk management adjusts allocations automatically
  • Factor-investing strategy based on Fama-French research
  • Low minimum investment: EUR 1,000 with a EUR 50/month savings plan (EUR 5,000 without one)
  • Multiple product types including Invest, VL, Junior, and TopZins
  • Available in English, which is uncommon among German robo advisors

Cons

  • Only available to investors in Germany
  • No self-directed trading - all portfolio decisions are fully automated
  • Green strategies have historically shown lower returns than global strategies
  • No demo or trial account available
  • No joint accounts offered
  • 0.75% management fee is higher than the cheapest passive ETF brokers
  • Limited asset class exposure - no direct access to individual stocks, forex, or crypto
Firstrade

Firstrade

Firstrade is a US online broker with $0 online trades for stocks, ETFs, options and mutual funds, plus mobile apps and overnight stock and ETF trading.

Visit Firstrade Read review

Your capital is at risk. Other fees apply.

Ginmon

Ginmon

Ginmon is a German robo advisor that builds and manages automated ETF portfolios using factor-investing principles, supervised by BaFin and Deutsche Bundesbank.

Visit Ginmon Read review

Your capital is at risk. Other fees apply.

Not the right match?

Line up any two brokers side by side, or browse the full list to find your next platform.

Compare another broker Browse all brokers